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the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the boj meeting, central bank governor and the finance minister aso reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will continue to promote a strong monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen
at a steady pace since he returned to office last month, retooling the economy, revising foreign policy and reviewing national defense. now he's taken time to pause and sum up his vision for the country. abe spoke before the diet for the first time since his liberal democratic party took power. the prime minister said the economy is his top priority. he noted deflation and the strong yen are shaking japanese people's belief that working hard will bring rewards. >> translator: i will restore a strong economy and unshakable determination. i will press ahead with my three areas of economic policy, bold monetary measures, a fiscal policy and a growth strategy that induces private investment. >> abe urged lawmakers to swiftly pass extra budget bills for the current fiscal year to pay for stimulus measures. he said his spending measures won't go on forever and that he aims to achieve healthy public finances. the prime minister then turned his attention to diplomacy and national security. he said japanese and u.s. leaders should strengthen their alliance to restore the tight bond their countri
, the philippine economy is finally emerging as one of the most exciting in asean. growth in the third quarter of 2012 was an impressive 7.1%. nearly matching the pace of china. filipinos who go overseas to work make valuable contributions to the nation's economy but more and more citizens are finding they're rich enough to go abroad but not for work, for fun. nhk world has more. >> reporter: the philippine capital, manila, is a city that's changing. the economy is booming and new opportunities abown. abound. as the nation's middle-class expands, so does personal consumption. but people aren't just buying things. they're going places, too. trips to japan reached a record at this travel agency last year. a vacation to japan used to be a dream for most people. but for the middle class, it's now a real possibility. in order to get more tourists to go to japan, this travel agency offers different types of tour packages to hokkaido, among many other places. the president of the company and her staff are busy planning new trips for spring. >> for this year we will concentrate on things that we shoul
economies is altering the balance of power in the region. she urged the united states and china to avoid any miscalculations over potential hotspots, referring to territorial disputes in the south china and east china seas. >> we remain optimistic about china around the united states to manage change in the region but it brings with it strategic competition as china's global interests expand. >> gillard called for the peaceful resolution of disagreements through dialogue using forums such as the east asia summit. she said australia would work closely other countries to help solve problems through diplomacy. >>> afghan security forces will take the lead in their own country. repeated insider attacks have damaged trust w suspicions rising on both sides, military come plaerpsd sending soldiers back to school for a some lessons in cultural tolerance. >> we should know the heroes we honor today will not have died in vain. amen. >> reporter: some 440 soldiers died last year in afghanistan. 61 were victims of insider attacks. that's about 30 times the number five years ago. rising anti-u.s. sentime
Search Results 0 to 3 of about 4